The impact of inflation on the offshore wind industry is being felt globally. With markets recalibrating to factor in supply chain costs, we look at how and why investment has been interrupted, and when it will begin to flow again.
New analysis from Cornwall Insight’s All-Island forward curve has shown Ireland must secure almost 1GW additional capacity at every renewable auction until 2030 to avoid missing climate targets.
A projected rise in interconnector exports and reduction in imports has led Cornwall Insight to raise its prediction for long-term power prices in Ireland.
The UK has been ranked the fifth most attractive country in Europe for electric vehicle (EV) market potential by the Electric Vehicle Country Attractiveness (EVCA) Index.
The Energy Networks Association (ENA) has identified improved transparency, easier participation and improved coordination as key objectives in 2023 for its Open Networks plan.
Ireland is set to benefit from a new agreement between Statkraft and investment management firm Copenhagen Infrastructure Partner (CIP) in which up to 2.2GW of offshore wind will be developed in the nation.